The deal is expected to close this month, with Gojek taking a 60% stake in GoTo. NewsGojek and Tokopedia are finalizing USD 18 billion fusion to form GoTo, report says2 mins read
Bukalapak has reportedly hired Bank Mandiri’s securities arm to seek a merger with a US-based blank-check company. NewsBukalapak raises new funds from Microsoft, eyes local listing, report says2 mins read
Once the final close is completed, Openspace will have USD 625 million in committed capital across four investment vehicles. NewsVC Openspace Ventures expects first close of new fund at USD 100 million3 mins read
Pine Labs counts Mastercard, PayPal, and Temasek among its investors. NewsIndian unicorn Pine Labs acquires mobile payment app Fave for USD 45 million1 min read
The company’s subsidiaries may seek their own listings in New York, Hong Kong, and Shanghai. NewsKEY STAT | ByteDance initiates process for mammoth listing in Hong Kong1 min read
Nishimura emphasizes the need for more investment, better language skills, adaptation, and innovation in the Japanese startup ecosystem. Q&ATuning In | Innovation necessary for global competitiveness, says Mariko Nishimura, founder of HEART CATCH2 mins read
Jia Yueting faces penalty with Leshi even as Faraday Future looks to Nasdaq. NewsChina fines SPAC-linked fallen tech tycoon USD 37 million over IPO fraud3 mins read
Big Tech used to be rooted in coders’ dreams. A look at Grab demonstrates a new way of building tech companies. InsightsGrabbing the wheel: Inside the company that ran Uber off the road en route to the largest SPAC merger ever10 mins read
The company already has autonomous vehicles operating in several US cities, and plans to expand the fleet in next few years. NewsMobileye teams up with US firm for autonomous delivery service by 20234 mins read
The SEC is scrutinizing SPACs, but Grab is about to get its show on the road. NewsGrab steers into New York for world’s largest SPAC merger2 mins read